Credit Rating Agency

September 2, 2026 5:08 PM

Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+

Japanese credit rating agency JCR on Wednesday upgraded India's sovereign rating to 'A-' with a stable outlook, citing "solid" economic growth and improved financial parameters. The Indian economy has maintained a high growth rate of around 7 per cent, supported by robust private consumption and public investment, the Japan Credit Rating Agency (JCR) said in its India sovereign rating. The government of India has steadily implemented policies conducive to productivity growth and economic devel...

March 13, 2026 10:56 PM

Fitch raises India growth forecast to 7.5% despite geopolitical tensions

India’s GDP is expected to grow 7.5 per cent in the fiscal year ending March 2026 higher than 7.4 per cent forecasted earlier, due to resilient domestic demand even as activity showed tentative slowing in January and February, a report said on Friday. Credit rating agency Fitch Ratings said domestic demand will drive the growth, with consumer spending and investment expected to expand by 8.6 per cent and 6.9 per cent, respectively, in FY26. High frequency indicators including GST collections...

August 14, 2025 4:38 PM

S&P Global upgrades India’s sovereign credit rating to ‘BBB’ from ‘BBB-‘

Credit rating agency S&P Global on Thursday upgraded India’s long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", citing economic resilience and sustained fiscal consolidation. BBB and BBB- are credit ratings given by agencies like S&P and Fitch to show how safe or risky a borrower (like a company or government) is for investors. In a note, S&P Global stated that the stable outlook reflects continued policy stability and high infrastructure investment...